Rome (Jan. 28, 2004) -- A new audit of Parmalat Finanziaria SpA has reportedly revealed that the scandal-engulfed company’s debt was about $15.6 billion greater than it reported in the fall.
The audit by PricewaterhouseCoopers, released earlier this week, showed that net debt stood at roughly $17.9 billion for the nine-month period ended in September -- not the $2.3 billion (1.8 billion euros) that Parmalat reported previously, according to published reports.
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